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U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026.

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Sen. Elizabeth Warren is calling on the IRS to prevent student-loan borrowers from facing a "tax bomb" on debt relief ...

Nikki and her second husband, who live in the San Francisco Bay Area, are $300,000 in debt — and $120,000 of that is owed to ...

Business vs. personal tax debt: trust fund taxes can create personal liability. IRS relief tools include installment agreements, offers-in-compromise, and CNC status. Penalty abatement may reduce or ...

Borrowers who receive discharges of their student debt under the Income-Driven Repayment program could be facing tax bills as ...

Could decades of careful student loan payments end with a surprise bill from the IRS? For millions of federal borrowers on ...

With national tax debt mounting, more and more Americans are looking for a way to resolve their IRS debt in the easiest and most cost-effective way. That’s where tax relief companies come in. These ...

A provision of the American Rescue Plan that excludes forgiven student loan debt from federal income tax is set to expire at ...

Tax season came to an end this week, much to the relief of millions of Americans. But if you hit submit on your taxes and were left with a bill you can't pay, you're far from alone. As inflation ...